Median rent is 40% lower in Indianapolis ($1,156/mo vs $1,937/mo). Buying is cheaper in Indianapolis, where the median home runs $224,800 versus $369,200. Households earn more in Port St. Lucie ($80,648 vs $66,219 a year). Taken together, Indianapolis is the more affordable choice with a cost index of 94.7 against 95.7 — about 1% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Port St. Lucie, FL.
Cost of living verdict
Indianapolis is 1% cheaper overall
Cost of Living Index: 94.7 in Indianapolis vs 95.7 in Port St. Lucie (US national average = 100)
City A
Indianapolis, IN
City B
Port St. Lucie, FL
How much would you need to earn in Port St. Lucie, FL to maintain your standard of living from Indianapolis, IN?
Equivalent salary in Port St. Lucie, FL
$75,865
You'd need $865 more (1% higher).
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Indianapolis
Indiana
Port St. Lucie
Florida
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Indianapolis — median rent of $1,156/mo versus $1,937/mo in Port St. Lucie, a 40% difference. Home buyers face a steeper market in Port St. Lucie: the median home is $369,200 versus $224,800 in Indianapolis — 39% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
Indianapolis
Income tax: N/A
Sales tax: N/A
Port St. Lucie
Income tax: N/A
Sales tax: N/A
Both cities have similar air quality: Indianapolis averages 48.0 AQI (Good) and Port St. Lucie averages 47.0 AQI (Good).
Pick Port St. Lucie if you prioritize higher median household income ($80,648/yr).
Pick Indianapolis if you prioritize cheaper rent ($1,156/mo median).
Is Indianapolis cheaper than Port St. Lucie?
Indianapolis is cheaper overall, with a cost of living index of 94.7 versus 95.7 (US average = 100). That means prices run about 1% lower in Indianapolis.
How much is rent in Indianapolis vs Port St. Lucie?
Median rent is $1,156/mo in Indianapolis, IN and $1,937/mo in Port St. Lucie, FL. Indianapolis, IN has the lower rent by about 40%.
Which has higher salaries — Indianapolis or Port St. Lucie?
Median household income is $66,219 in Indianapolis, IN and $80,648 in Port St. Lucie, FL. Port St. Lucie, FL has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Port St. Lucie, FL has better air quality on average: 47.0 AQI versus 48.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Indianapolis or Port St. Lucie?
State tax data is not yet available for one or both cities.
What salary do I need in Port St. Lucie to match my Indianapolis income?
To maintain the same purchasing power, a salary of $100,000 in Indianapolis, IN is equivalent to roughly $101,153 in Port St. Lucie, FL (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
